Case Study: PostHog streamlines finance operations and closes faster with Campfire

PostHog shaves 5–6 days off monthly close with Campfire

PostHog, a developer data platform, faced a significant challenge as its finance tools could not keep pace with its rapid growth to a $1.4 billion business. Using QuickBooks, its three-person finance team struggled with manual multi-entity consolidations and a revenue recognition process that was entirely disconnected from its accounting system, leading to inaccurate financials and a slow monthly close. This fragmented setup was a major bottleneck for the scaling enterprise.

By implementing Campfire, PostHog consolidated its four entities into a single general ledger and brought its revenue recognition in-house. The solution from Campfire, including its Ember AI feature, provided accurate, real-time financial data and shaved five to six days off the monthly close. This allowed the finance team to scale the global business without adding headcount and provided greater financial visibility across the entire company.

PostHog